What Might Statistics Tell us about Oakville Insurance?
The area is known today as the Town of Oakville, Ontario was originally established as a shipbuilding facility in 1830 by Colonel William K. Chisholm who purchased a large tract of land surrounding the area's waterways from the British Crown in 1827. By the 1840s, the area had approximately 1500 residents, many of whom were tradesmen of various kinds, with the shipment of lumber and wheat via watercraft and the railways being the main drivers of economic activity. Over the years, Oakville has had a changing mix of industrial activity, ranging from a foundry to oil refineries and even basket making at one time, but today is most widely known as the home of the Ford Motor Company's Canadian headquarters and an important auto production plant.
To see what insurance implications we could derive for Oakville, we decided to look at the information provided by Stats Can. The following represents our best guess for various aspects of the Oakville insurance industry: